HELSINKI, March 14 (Reuters) - Nokian Tyres (TYRES.HE) said on Tuesday it had been informed that Russia's Governmental Commission on Monitoring Foreign Investment has approved the Finnish group's sale of its Russian operations to PJSC Tatneft (TATN.MM).
Nokian Tyres last year said it would sell the Russian tyre making business in response to the war in Ukraine.
The price approved by the Russian commission corresponds to 286 million euros ($306.85 million), Nokian Tyres said on Tuesday, significantly less than the 400 million euros that the group originally expected when a deal was first announced in October.
"Substantial uncertainties still remain related to the transaction and the timing of it as well as the (rouble-euro) exchange rate on the day of payment," it said in a statement.
($1 = 0.9321 euros)
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Rathbones said on Tuesday it had agreed to buy the UK wealth business of Investec in an all-share deal valued at 839 million pounds ($1.04 billion).
Customers at British telecoms firm Virgin Media reported widespread problems with internet access on Tuesday and the group's website was also struggling to operate.
VNG, an eastern German gas subsidiary of power utility EnBW , on Tuesday said it sees the Baltic Sea port of Rostock as a prime location for developing future clean gas businesses, as it seeks to leave behind fossil gas long-term.
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